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World Bank — Rooftop Solar Programme
📅 Published 11 Jul 2026 · July 2026
World Bank — Rooftop Solar Programme
World Bank approved USD 890 million financing for India's:
PM Surya Ghar: Muft Bijli Yojana
Financing Structure
| Source | Amount |
|---|---|
| IBRD loan | USD 820 million |
| Clean Technology Fund | USD 60 million |
| IBRD Livable Planet Fund | USD 10 million |
| Total | USD 890 million |
Additional Private Finance
World Bank aims to mobilise USD 4.2 billion in private financing.
Employment
Programme expected to create 1.7 million jobs across the renewable-energy value chain.
Objectives
- Rooftop solar
- Lower electricity bills
- Clean energy
- Domestic manufacturing
- Private investment
- Employment.
Mains
Distributed renewable energy → energy security + household savings + decarbonisation + employment
📝 Relevant Exams:
UPSC